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business environment

Restrictive regulation is positively correlated to corruption

The World Bank’s Investment Climate Department (CIC) has reviewed the recent literature on the relationship between restrictive regulation, corruption and business environment reforms, finding that corruption is positively correlated with restrictive regulation. 

Stability in Iraq depends on a business-friendly government

NPR story cited World Bank report

In the report, "Iraq's Shaky Economy Poses Threat to Future," NPR cites The World Bank's Doing Business report that ranks economies based on the ease of doing business in particular countries:

The process of setting up a business in Iraq requires 11 procedures,

The Curious Indian Entrepreneur

I attended a session from yesterday's Entrepreneurship and Growth Conference on "Indian Entrepreneurial Success in the United States, Canada, and the United Kingdom". RAND corporation's Krishna B Kumar attempted to explain the extraordinary successes of Indian expatriate

IFC doubles down on India, entrepreneurship

IFC chief executive Lars Thunell is in Delhi this week, attending the World Economic Forum's India Economic Summit. Thunell is looking to boost the IFC's capital base by $2.4bn, much of which will be dedicated to the world's poorest countries and regions, including India. 

Improving Credit in Armenia

The 2006 and 2007 Doing Business reports both found that Armenia has been reforming in the area of credit. Armenian lenders can now rely on a credit registry when deciding on loan applications. But have these reforms really had an impact?

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